Income Annuity Estimator

Income annuities can provide the confidence that you will have guaranteed retirement income for life or a set period of time*. Many clients purchase income annuities to help cover their essential expenses, as defined by them, in retirement. Use this income annuity calculator to get an annuity income estimate in just a few steps.

The projections or other information generated by the tool are hypothetical in nature, and do not reflect actual investment results and are not guaranteed of future results. Your results may vary.

In order to simplify this estimator, we have made additional assumptions on your behalf that, when combined with the inputs you have given us, result in the numbers presented here.

Life only payout contracts may not be available to owners at advanced ages.

Estimates provided are not binding and subject to additional considerations, including taxes, that may result in a higher or lower payout. Please contact a Schwab representative for more information. See additional important disclosures.

* Guarantees depend on the claims-paying ability and strength of the issuing insurance companies (not Schwab).

An income annuity has no cash value. Once issued, it cannot be revoked, and the initial investment is not refundable and cannot be withdrawn or exchanged for another annuity.

Joint and survivor life options may reduce the current income payment upon the death of the primary annuitant.

Charles Schwab & Co., Inc. (“Schwab”), a licensed insurance agency, offers annuity and life insurance products issued by leading insurance companies that are not affiliated with Schwab.